This episode of the Construction Genius Podcast discusses the essential risks contractors face in construction projects, especially in the initial 100 pages of a tender specification document. Melvin Newman, a returning podcast guest, shares how AI and MEP estimating software can streamline this process, enhancing accuracy in mechanical/electrical bidding. We dive into the top three risks: scheduling, liquidated damages, and delivery. In addition, the conversation also covers the contractor pre-qualification process, the advantages of human intuition over AI, and the role of AI in construction in general. Melvin also highlights the importance of trust in contracts and how AI tools can support smarter decisions for general contractors.
To listen to the full episode, head here for the links: https://www.constructiongenius.com/balancing-act-navigating-construction-risks-and-exploring-ais-role-and-limits
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